call for bids/re-roof-1994 - Laserfiche WebLink

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' B. On the basis of the actual cost of materials and labor on the job site, a maximum of 10% on materials and 10% on labor for Contractor's ' overhead and profit, which shall include the cost of Insurance and field supervision. If the work is done by a subcontractor, the Prime Contractor may add not more than 10% for his general overhead and ' profit. In preparing the Supplemental Agreement, the following document must be provided: 1 1. A breakdown of material and an hourly breakdown of labor must be shown on each supplement submitted. ' 2. All supporting documents must be incorporated by reference on each supplement. ' 3. Corrections must be dated and initialed by the Contractor and Project Manager. 4. The contract summary must be complete, and adequate justification and supporting documentation must be included with each supplement. 8. PAYMENTS AND COMPLETION ' Article 9, "Payment and Completion" is supplemented by the following: ' Unless otherwise provided in the specifications, Temple Israel in making partial payments, will retain ten (10) percent of the duly approved value of the work performed under contract as of the date of the application for payment until final completion and acceptance of all work covered by the Contract. ' Payment request will be made on AIA forms G702-1978 and G703-1978. Request for payments will be given to Project Manager for his review and approval. ' Temple Israel may at its discretion, withhold final payment until the Contractor has filed with the Temple Israel an affidavit showing evidence that all claims against him ' by reason of the Contract have been paid or satisfactorily secured. In case such evidence is not furnished, Temple Israel may retain from any amount due said Contractor sums sufficient to cover all claims unpaid. All Contractors and Subcontractors shall comply with the provisions of Minnesota Statutes 290.92 relative to the withholding of Income Tax on wages and no final ' settlement with any Contractor shall be made until said Contractor has offered satisfactory proof that he has complied with the provision of the Withholding Section of the Statute: ' 11